50 Million Nigerians Pushed into Poverty: Peter Obi Slams Tinubu’s Economic Policies
Former Anambra State governor, Peter Obi, has accused President Bola Tinubu’s administration of driving over 50 million Nigerians into poverty within two years. According to a recent World Bank report, the number of Nigerians living in poverty has risen from 87 million in 2023 to 139 million, a staggering increase that highlights the country’s deepening economic crisis.
The report’s findings paint a grim picture of Nigeria’s economic situation, with Obi describing it as “a heartbreaking reflection of how deeply our nation is failing its citizens.” The government’s response to the report has been met with criticism, with Obi lamenting the lack of urgency and national discussion on how to address the issue.
Obi has urged the government to adopt people-oriented reforms that prioritize production over consumption, support small businesses and farmers, and invest in education and healthcare. He emphasized that “no nation can truly rise when the majority of its people are trapped in poverty” and that with the right leadership, Nigeria can work for every Nigerian.
The World Bank report’s findings are a wake-up call for the government to reassess its economic policies and prioritize the welfare of its citizens. As Obi noted, “the reasons these reforms are not working are due to the lack of a clear plan and determination to channel the supposed gains into feasible and productive areas that will benefit the people and improve overall growth.” It’s time for a change in leadership and a new approach to economic management .
